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More than 99 percent of the cotton grown in the US is of the Upland variety, with the rest being American Pima. [2] Cotton production is a $21 billion-per-year industry in the United States, employing over 125,000 people in total, [1] as against growth of forty billion pounds a year from 77 million acres of land covering more than eighty ...
In June 2007, Monsanto purchased Delta and Pine Land Company, a major cotton seed breeder, for $1.5 billion. [66] As a condition for approval from the Department of Justice, Monsanto was obligated to divest its Stoneville cotton business, which it sold to Bayer, and to divest its NexGen cotton business, which it sold to Americot. [67]
1970 - The company name is changed to Pioneer Hi-Bred International, Inc. 1973 - Becomes a publicly traded company. 1973 - Pioneer obtains a soybean product line through the purchase of Peterson Seed Company. 1975 - Purchases Lankhartt and Lockett companies (cotton seed business).
Monsanto purchases Delta & Pine Land Company, a major cotton seed breeder, for $1.5 billion. [36] As a condition for approval from the Department of Justice, Monsanto was obligated to divest its Stoneville cotton business, which it sold to Bayer, and to divest its NexGen cotton business, which it sold to Americot. [37]
Delta & Pine Land Company was initially chartered in Mississippi in 1886 as a land speculation company, but was inactive until 1919, when a British textile company acquired the name. In the 1920s and 1930s, the company operated one of the largest cotton plantations in the Mississippi Delta , with headquarters in Scott, Mississippi . [ 3 ]
More than 45 local cotton seed companies pay royalties to Monsanto, acquired by Bayer in 2018, for GM cotton using a gene that produces its own pesticide. ... 800-290-4726 more ways to reach us.
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Southern States Cooperative is an American farmer-owned agricultural supply cooperative headquartered in the Richmond, Virginia area. Southern States Cooperative supplies small, medium, and large commercial farmers with livestock and animal feed, pasture seed, vegetable seed, farm fertilizers, farm supplies, bulk fuel, and crop services, including information and products to grow better crops.